FX_IDC:USDCHF US DOLLAR / SWISS FRANC
- •Core durable goods order & Consumer confidence came out bad which drove -Usd- down
• FOMC statement 2 pave the wave for -Usd-Chf-.. ; As oil has found light & is balancing out higher will be coming but dont get hyped up just yet.. the downside is that the Fed is watching global markets & global -Gdp-. Also as ticked up, manufacturing still bad, strong dollar has been a problem manufacturing & trade according to the Fed. Upside is many NFP has been very strong lately & oil is balancing out.
•-Usd- Advance GDP expectations is weak
Comment: bought at .971 difference between April / March FOMC ----> https://dl.dropboxusercontent.com/u/17531726/fed.html